for more on this story, i'm joined by kevin baxter, who covers soccer for the "los angeles times." thanks for joining me. >> thanks for the invitation to speak with you. good evening. >> sreenivasan: kevin, tell me, this is not a large soccer country, the united states, help us put in perspective how big of a scandal this is. >> well, rob wayne right, the head of europol says it's so large, such a grand scale that it threatens the fabric of the gain. another europol investigator said this is the tip of the iceberg. to give you a little perspective, the international sports wagering market is about $1 trillion -- does $1 trillion of business a year. the asian markets alone, they have more transactions -- sports bets on a daily basis than the new york stock exchange. so it's phenomenal the size of the betting market. now that's everything from you or i going down to our nearby casino and putting $5 down on the super bowl. it goes from there to huge bets on soccer matches. and this is throughout the world. now, with soccer there are 208 national federations that oversee as many as 10,